Skip to content
Nonprofiteer
← LUTHERAN HOUSING SERVICES NUMBER 3INCORPORATED

Form 990 for tax year 2024

Filed by LUTHERAN HOUSING SERVICES NUMBER 3INCORPORATED.

Totals

Total revenue
$583,234
Total expenses
$556,048
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$583,548
Investment income
-$355
Other revenue
$41
Total assets, end of year
$1,042,829
Total liabilities, end of year
$1,154,091
Net assets or fund balances, end of year
-$111,262
Program services expenses (Part IX)
$420,917
Management and general expenses
$135,131
Fundraising expenses
$0
Program service expenses (Part III)
$420,917

Program services were 75.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: FEES FROM GOVERNMENT AGENCY

    total $389,812 · related or exempt $389,812

  • 2b · Program service revenue: TENANT RENTS

    total $190,550 · related or exempt $190,550

  • 2c · Program service revenue: LAUNDRY INCOME - TENANTS

    total $3,186 · related or exempt $3,186

  • 3 · Investment income

    total $1,464 · excluded $1,464

  • 7b · Less cost or other basis and sales expenses

    other assets $1,819

  • 7c · Gain or loss

    other assets -$1,819

  • 7d · Net gain or loss

    total -$1,819 · excluded -$1,819

  • 11a · Other revenue: MISCELLANEOUS REVENUE

    total $41 · related or exempt $41

  • 11e · Other revenue, total

    $41

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $69,262 · program services $56,417 · management and general $12,845

  • 8 · Pension plan contributions

    total $399 · program services $325 · management and general $74

  • 9 · Other employee benefits

    total $10,438 · program services $8,502 · management and general $1,936

  • 10 · Payroll taxes

    total $4,884 · program services $3,978 · management and general $906

  • 11b · Fees: legal

    total $786 · management and general $786

  • 11c · Fees: accounting

    total $9,592 · management and general $9,592

  • 11g · Fees: other

    total $74,718 · program services $47,175 · management and general $27,543

  • 13 · Office expenses

    total $16,179 · management and general $16,179

  • 14 · Information technology

    total $8,155 · management and general $8,155

  • 16 · Occupancy

    total $124,744 · program services $123,085 · management and general $1,659

  • 17 · Travel

    total $6,352 · program services $655 · management and general $5,697

  • 19 · Conferences, conventions and meetings

    total $158 · management and general $158

  • 20 · Interest

    total $19 · management and general $19

  • 22 · Depreciation, depletion and amortization

    total $140,725 · program services $137,980 · management and general $2,745

  • 23 · Insurance

    total $9,815 · management and general $9,815

  • 24a · Other expenses: REPAIRS & MAINTENANCE

    total $42,187 · program services $42,187

  • 24b · Other expenses: MANAGEMENT FEES

    total $33,563 · management and general $33,563

  • 24c · Other expenses: BOOKKEEPING FEES

    total $2,430 · management and general $2,430

  • 24d · Other expenses: DUES AND SUBSCRIPTIONS

    total $885 · management and general $885

  • 24e · All other expenses

    total $757 · program services $613 · management and general $144

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,976 · end of year $13,198

  • 4 · Accounts receivable

    beginning of year $1,545 · end of year $1,498

  • 8 · Inventories for sale or use

    beginning of year $1,225 · end of year $966

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,196 · end of year $7,752

  • 10a · Land, buildings and equipment: cost or other basis

    $2,924,650

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,265,571

  • 10c · Land, buildings and equipment, net

    beginning of year $757,826 · end of year $659,079

  • 15 · Other assets

    beginning of year $318,145 · end of year $360,336

  • 17 · Accounts payable and accrued expenses

    beginning of year $27,047 · end of year $28,454

  • 23 · Secured mortgages and notes payable

    beginning of year $1,130,239 · end of year $1,082,554

  • 25 · Other liabilities

    beginning of year $65,075 · end of year $43,083

  • 27 · Net assets without donor restrictions

    beginning of year -$139,122 · end of year -$111,936

  • 28 · Net assets with donor restrictions

    beginning of year $674 · end of year $674

Mission and programs · 2024

Mission

PROVIDE HOUSING FOR LOW INCOME ELDERLY & HANDICAPPED.

  • 45 UNITS OF RENTAL HOUSING FOR LOW INCOME ELDERLY UNDER HUD SECTION 202 & SECTION 8 PER OUR MISSION STATEMENT AS FOLLOWS: INSPIRED BY THE CHRISTIAN FAITH, WE EMBRACE INDIVIDUALS AND FAMILIES WITH COMPASSIONATE CARE AND SERVICES THROUGHOUT LIFE'S JOURNEY.

    Expenses $420,917 · Revenue $583,548

As filed on the 2024 return.

Listed in Part VII

  • WILLIAM R MARSHALL

    PRESIDENT/CE

    Total calculated
    $421,367
    From this org
    $0
    From related orgs
    $366,941
    Other
    $54,426
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    not reported + $366,545 related
    Bonus
    not reported
    Other
    not reported + $396 related
    Deferred
    not reported + $30,500 related
    Nontaxable benefits
    not reported + $23,926 related
    Filer's total
    not reported + $421,367 related

  • LORINDA SCHALK

    TREASURER/CF

    Total calculated
    $290,819
    From this org
    $0
    From related orgs
    $241,677
    Other
    $49,142
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    not reported + $241,539 related
    Bonus
    not reported
    Other
    not reported + $138 related
    Deferred
    not reported + $30,500 related
    Nontaxable benefits
    not reported + $18,642 related
    Filer's total
    not reported + $290,819 related

  • AMANDA SCHROEDER

    VP-HOME & CO

    Total calculated
    $234,586
    From this org
    $0
    From related orgs
    $200,024
    Other
    $34,562
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    not reported + $189,537 related
    Bonus
    not reported + $10,000 related
    Other
    not reported + $487 related
    Deferred
    not reported + $4,200 related
    Nontaxable benefits
    not reported + $30,362 related
    Filer's total
    not reported + $234,586 related

  • STEVE BAUERLE

    DIRECTORY

    Total calculated
    $0
    Hours/week
    0.25

  • STEPHEN BOWE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • MARIA COOK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • JEFF DEMPSEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • ANN MARSHALL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • KEVIN RAHE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • JONATHON RUSCHE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • PAUL SIEBEN

    VICE-CHAIR

    Total calculated
    $0
    Hours/week
    0.25

  • MARK SNYDER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • MELISSA WARNER

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.25

  • LEE WUNSCHEL

    CHAIR

    Total calculated
    $0
    Hours/week
    0.25

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PAGE 1, PART I, LINE 4
WILLIAM R. MARSHALL 0 30,151 0 LORINDA SCHALK 0 19,747 0
SCHEDULE J, PAGE 1, PART I, LINE 7
THE CEO RECEIVES A CONTRIBUTION OF UP TO 10% OF HIS GROSS WAGES TO THE DEFERRED COMPENSATION PLAN IF THE RELATED PARENT ORGANIZATION MEETS CERTAIN BENCHMARKS ESTABLISHED BY THE BOARD OF DIRECTORS.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
8 November 2025
IRS schema version
2024v5.0
Source object
202513129349300926

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.